BusinessPhoto: Business StandardSouth Indian Bank Targets 16% Loan Growth in FY27 Amid West Asia Risks
South Indian Bank aims for 15-16% credit growth in FY27, led by retail, agriculture, and MSME advances, which make up 61% of its loan book. The bank expects RAM advances to grow 17-18%. CEO Mahesh Muralidhar Pai noted the projection is cautious due to West Asia conflict risks, which could impact inflation and credit quality in India. Q2 advances rose 18.67% year-on-year to Rs 1,09,517 crore.
Business Standard·




